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    FOR SALE
    Quadplexes

    2321 SW 31St Pl Gainesville, FL 32608

    Built 1983
    Entity Owned 3-yr Hold
    Property ID
    US18-0688653
    2321 SW 31St Pl, Gainesville, FL 32608 For Sale 1 / 43
    $469,900
    2321 SW 31St Pl, Gainesville, FL 32608
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    Property summary
    AI-generated overview

    Excellent investment opportunity with this well-maintained quadplex in a convenient Gainesville location. The property consists of four 2-bedroom, 1-bath units, each offering approximately 840 square feet of living space. The units feature functional floor plans with spacious living areas, abundant natural light, tile flooring throughout, and kitchens with ample cabinet storage. All four units are currently leased, providing immediate and stable rental income. The property generates $4,400 per month in gross rental income ($52,800 annually). A metal roof was installed in 2022, offering added durability and reduced maintenance. Conveniently located near shopping, dining, public transportation, parks, major roadways, and a variety of local amenities. Nearby destinations include the University of Florida, UF Health Shands Hospital, the Malcolm Randall VA Medical Center, the UF College of Veterinary Medicine, Butler Plaza, Celebration Pointe, and Newnans Lake. This income-producing property presents an opportunity for investors seeking a fully leased multifamily asset in Gainesville. Contact us today for additional information, financial details, or to schedule a showing. bikeScore: 82, Very Bikeable walkScore: 11, Car-Dependent

    Property profile
    Verified
    Property type Quadplexes
    Year built 1983
    UPID US18-0688653
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Arva Group LLC · 3 yrs held
    Arva Group LLC
    since 2023
    2 recorded transactions
    2023
    $365,000
    2021
    $220,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    2321 SW 31St Pl, Gainesville, FL, 32608
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